The following general ledger accounts are affected by Journal 021, Customs:

Account Number

Post As

Account Name

5140

Debit

HQ Principal, Customs

5240

Debit

HQ Interest, Customs

0903

Credit

HQ Disbursement, Principal

0904

Credit

HQ Disbursement, Interest

1.31.7.4.4.2.4
(12-01-2003)Surplus Warrants

This subsection provides instructions for entering journals for Surplus Warrants. The Surplus Warrants option in the RACS Main Menu is used to record warrants received directly from Treasury and issued to reduce the appropriation
for funds taken by Treasury to transfer trust funds to other agencies.

Revenue Systems and Analysis will receive and email from Revenue Reporting that a Surplus Warrant was requested from the Department
of Treasury. The RSA analyst is to check the GWA system daily to see if warrant is posted. The warrant is retrieved from GWA
and posted into RRACS.

Highlight the incorrect entry, click on Edit. After correction, click on OK.

Maintain Transaction Window

Message

Click on Message.

Type in message.

Click Enter Key.

Post

Click on Post.

The following general ledger accounts are affected by Journal 069 Refundable Credit Surplus Warrant;

Account Number

Post As

Account Name

AMT - Individual, Principal

5670

Debit

HQ Expense, Amt- IND

0229

Credit

HQ Surplus Warrant, Amt - IND

Housing, Principal

5671

Debit

HQ Expense, Housing

0230

Credit

HQ Surplus Warrant, Amt - IND

AMT - Corporate, Principal

5672

Debit

HQ Expense , AMT -Corp

0231

Credit

HQ Surplus Warrant, Amt - Corp

1.31.7.4.4.2.5
(03-18-2009)Warrants/Supplemental Warrants

This subsection provides instructions for entering journals for Warrants and Supplemental Warrants. The Warrants/Supplemental Warrants option in the RACS Main Menu is used to post Treasury disbursement of Principal, Interest, Earned Income Credit and Child
Credit and increases the disbursement of account totals.

Warrants are issued by Treasury at the beginning of a fiscal year to provide funds for tax refunds.

Supplemental Warrants are requested from Treasury during the fiscal year when funds to issue refunds are almost depleted.

Source data for all Warrant journal entries are the warrants from GWA.